Walkner Condon Financial Advisors LLC Grows Stock Position in First Trust Long Duration Opportunities ETF $LGOV

Walkner Condon Financial Advisors LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 24.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 842,312 shares of the company’s stock after acquiring an additional 164,934 shares during the quarter. First Trust Long Duration Opportunities ETF makes up 2.6% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 7th biggest holding. Walkner Condon Financial Advisors LLC owned about 2.74% of First Trust Long Duration Opportunities ETF worth $18,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Larson Financial Group LLC increased its position in First Trust Long Duration Opportunities ETF by 21.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,669 shares of the company’s stock valued at $58,000 after purchasing an additional 469 shares during the period. Integrated Advisors Network LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 1.9% in the 3rd quarter. Integrated Advisors Network LLC now owns 25,289 shares of the company’s stock worth $550,000 after purchasing an additional 477 shares during the period. Midwest Financial Group LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 0.6% in the 3rd quarter. Midwest Financial Group LLC now owns 91,003 shares of the company’s stock worth $1,979,000 after purchasing an additional 558 shares during the period. Silver Oak Securities Incorporated boosted its stake in shares of First Trust Long Duration Opportunities ETF by 1.5% in the 4th quarter. Silver Oak Securities Incorporated now owns 40,080 shares of the company’s stock valued at $880,000 after purchasing an additional 573 shares during the last quarter. Finally, Asset Allocation Strategies LLC increased its position in shares of First Trust Long Duration Opportunities ETF by 7.0% during the third quarter. Asset Allocation Strategies LLC now owns 11,990 shares of the company’s stock worth $261,000 after buying an additional 788 shares during the period. 0.03% of the stock is owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Price Performance

Shares of NYSEARCA LGOV opened at $21.57 on Monday. First Trust Long Duration Opportunities ETF has a twelve month low of $19.91 and a twelve month high of $23.59. The firm has a fifty day simple moving average of $21.89 and a 200 day simple moving average of $21.93. The company has a market capitalization of $654.65 million, a PE ratio of -11,316.89 and a beta of 0.33.

First Trust Long Duration Opportunities ETF Company Profile

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation. LGOV was launched on Jan 22, 2019 and is managed by First Trust.